Investors Bite

Q2 GDP: Analysts predict equities’ rebound

September 5, 2017/Punch Stanley Opara Financial market analysts are expecting the stock market to spring back in anticipation of the release of the country’s Gross Domestic Product figures for the second quarter of 2017, which are expected to be positive  The market had recorded a loss last week owing largely […]

FGN Savings Bond-7th Monthly Issuance

September 4, 2017/InvestmentOne Research The offer for the Seventh (7th) series of the FGN savings bond will be coming up between the 4th and 8th of September 2017 and Investment One Stockbrokers Int’l Ltd as a Distribution Agent (DA) for the bond, shall be receiving applications from the investing public starting from the 5th of September 2017. Recall that the Federal […]

Fairfax Africa takes 42 pct stake in Bob Diamond’s Africa bank

1/9/2017/Reuters Atlas Mara Ltd, the African investment vehicle of former Barclays boss Bob Diamond, said on Friday that Fairfax Africa now holds 42 percent of the company after it subscribed to 70.1 million new shares. The change in ownership comes after Atlas Mara announced plans in June to raise $200 […]